Ethereum Takes Off

Written By Guest User
ETH 9:18 pm ET, 11/3/21.

ETH 9:18 pm ET, 11/3/21.

Ethereum has continued its uptrend coming into today. It is dipping after testing another new all-time high for ETH. The MFI is nearing overbought territory while momentum on the MACD is looking to swing down. This means that we may see some corrections in the short term from the technical end, but in the long term BTC’s uptrend will likely continue.

Ethereum dominance is now up to 19.7% while BTC dominance is down to 43.4%. The overall market cap volume is at approximately $130 billion.

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Ethereum’s ratio to BTC is continuing its uptrend, showing ETH preparing to strongly outpace BTC once more.

Guest User
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